4.5.4 Macroeconomic policies in a global context Flashcards

1
Q

Nigeria’s underemployment rate

A

10.6% in q1 2024

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2
Q

What is Nigeria’s poverty rate

A

38.7%

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3
Q

What is the number of people in Nigeria who are below poverty line

A

87 million people

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4
Q

When did inflation rise when interest rates fell

A

start of 2025 interest rates fell from 4.75% to 4.5% but inflation rate rose from 2.5% to 3 %

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5
Q

How much is the uk government reducing the amount it spends on international aid

A

It has fallen from 0.7% of GDP to just 0.3% and it was previously 0.5%

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6
Q

What is Bangladesh hdi

A

0.67, MEDIUM DEVELOPED, 129 OUT OF 193

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7
Q

BANGLADESH GDP GROWTH

A

5.8%

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8
Q

BANGLADESH MAIN EXPORT

A

SEAFOOD / FROZEN SHRIMP
TEXTILES.

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9
Q

WHERE IS BANGLADESH MAJORITY ENERGY COME FROM

A

98% OF ENRGY CAME FROM FOSSIL FUELS

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10
Q

WHAT COMMODITIES DOES BANGLADESH EXPORT(NET EXPORTER OF COMMODITY)

A

RICE , JUTE(STRONG FIBRES THAT IS UED IN MANUFACTURING), TEA

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11
Q

WHAT IS INFRASTRUCTURE LIKE IN SOME PARTS OF BANGLADESH

A
  • PROBLEMS WITH GETTING CLEAN WATER/SANTIATION IN SOME AREAS, POWER AND ENERGY RELIABILITY IS ALSO AN ISSUE IN SOME AREAS AND RURAL ROAD INFATRUCTURE LACKS IN SOME AREAS.
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12
Q

GERMNAY HDI

A

0.95 , HIGH DEVELOPED, 7TH OUT OF 193

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13
Q

WHAT IS GERMANY GDP GROWTH RATE 2023

A

-0.3%

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14
Q

GERMANY MAIN EXPORTS

A

VEHICLE AND VEHICLE PARTS, AND CHEMICAL PRODUCTS.

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15
Q

WHAT IS THE STATE OF GERMANYS CURRENT ACCOUNT

A

A CURRENT ACCOUNT SURPLUS

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16
Q

GERMANY MAIN IMPORTS

A

MACHINERY / CAPITAL EQUIPMENT

17
Q

WHAT WAS GERMANY’S CURRENT ACCOUNT SURPLUS IN 2024

A

€246.5 billion

18
Q

GERMANY ENERGY DEPEDENCE

A

77.6% FROM FOSSIL FUELS, 19.6% FROM RENEWABLES AND 0.7% FROM NUCLEAR POWER.

19
Q

WHAT KIND OF COMMODITY DOES GERMANY IMPORT (NET IMPORTER)

A

RARE EARTH MINERALS

20
Q

chinas hdi

A

0.788, high development

21
Q

poorest regions in china

22
Q

What is an economy that is very dependent on commodity

A

Zambia is dependent on copper and it makes up 70% of its total export earning

23
Q

what is irelands cooperation tax rate

24
Q

what is chiles hdi

A

0.855 very high development

25
Q

how much did chile’s economy grow in 2024

A

grew by 2.6%

26
Q

chile’s main exports

A
  • copper
  • salmon and trout
  • lithium
    -cellulose
    -cherries
27
Q

chiles main imports

A
  • mineral fuels and lubricant
  • machinery, devices and parts
  • transport equipment and parts
  • food products